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Oct 4, 2012
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he cannot cut tax rates, cut taxes on the middle class, cut taxes on capital gains, and balance the budget all at once. >> reporter: romney advisers have said they would consider eliminating tax breaks on at least two forms of saving, life insurance and muni bonds. and the governor's supporters argue tax cuts generate enough growth to offset some of their cost. >> people can have reasonable disagreements about the magnitude of that growth effect, but to assume that it is zo, i think, is wrong. and once you relax that assumption, then, all of a sudden, other things start to be possible. >> reporter: but it's hard to be sure about the impact of tax cuts on the economy, which is why the experts in congress and the treasury who are responsible for estimating the cost of tax changes generally ignore the impact of tax reforms on the entire economy. darren gersh, nbr, washington. >> susie: here on wall street, traders and investors were taking a fresh look at stock sectors today, assessing what a romney or obama win would mean for the markets. so a lot of talk about minutes from the latest federa
he cannot cut tax rates, cut taxes on the middle class, cut taxes on capital gains, and balance the budget all at once. >> reporter: romney advisers have said they would consider eliminating tax breaks on at least two forms of saving, life insurance and muni bonds. and the governor's supporters argue tax cuts generate enough growth to offset some of their cost. >> people can have reasonable disagreements about the magnitude of that growth effect, but to assume that it is zo, i...
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Oct 3, 2012
10/12
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which. >> had one for a while. >> >> tax funded, universal service for all britains use it. we know we need to reform that, we need to reform it so that we get much greater responsibility of citizens as well as clinicians because we know that in diabetes or asthma self management -- >> what is wrong with it in is it the cost equation or is it -- is it quality -- >> in the uk we spent eight percent of national income on health you spend 18 percent so you can eher say that means we are very efficient ore are not spending enough. >> and what do you say? >> i say we are spending has been raised to the ocd average which is right, we have to drive not just efficiency but productivity and innovation in the system. so if you are on the center left it is right to stand for reforming the state so it operates in a modern way, not in a 1940s way as well. so the reform -- i always keep coming back to be against austerity is not against reform. it is zero opposite. the growth growing it is easy to get the reform. >> okay. but at the same time, here, one of the debates here is that we can'
which. >> had one for a while. >> >> tax funded, universal service for all britains use it. we know we need to reform that, we need to reform it so that we get much greater responsibility of citizens as well as clinicians because we know that in diabetes or asthma self management -- >> what is wrong with it in is it the cost equation or is it -- is it quality -- >> in the uk we spent eight percent of national income on health you spend 18 percent so you can eher...
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calling a tax on g.d.p. . well it's rather simple really if you have ten thousand units of production in an economy and ten thousand units of credit or currency and the government comes along and says ok we're going to deficit spend so we're going to put another thousand units into there then the value of all of the units of credit in currency that currently exists go down by that amount so this is exactly identical from a functional standpoint as if the i.r.s. man showed up pound on your door. and so give me ten percent of everything you have . unfortunately that would be very unpopular if you were to turn around and tell the american public oh guess what your taxes are not going up ten percent of what you currently pay they're going up by ten percent of your income and the tax on everything that you produce as a company is going up by ten percent of your production and yet that is essentially what's been going on now for the last four years and so when we look at why we haven't seen job growth and economic r
calling a tax on g.d.p. . well it's rather simple really if you have ten thousand units of production in an economy and ten thousand units of credit or currency and the government comes along and says ok we're going to deficit spend so we're going to put another thousand units into there then the value of all of the units of credit in currency that currently exists go down by that amount so this is exactly identical from a functional standpoint as if the i.r.s. man showed up pound on your door....
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Oct 5, 2012
10/12
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WJLA
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vo: why won't romney level with us about his tax plan which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can'ustrust him here... how could we ever trust him here? [ male announcer ] we the people, the middle class who move our country forward, work hard raise families, and keep america strong. but mitt romney's budget plan will hurt the middle class, raising taxes on the average family by up to $2,000 while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising.
vo: why won't romney level with us about his tax plan which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can'ustrust him here... how could we ever trust him here? [ male announcer ] we the people, the middle class who move our country forward, work hard raise families, and keep america strong. but mitt romney's budget plan will hurt the middle class, raising taxes on the average...
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on middle income families, i will lower taxes on middle income families. i saw a study that came out today that said if you were going to raise taxes. >> the voters are having watch parties across the country many in the chicago area debate number one is always a big deal. voters are checking things out tonight. >> there are probably thousands of these viewing parties across the country, some of them here in chicago, one of them in swarthmore and it was hosted by patch and you have republicans and democrats and undecided voters and i have each to get their opinions and thoughts on how things went tonight let's start with the undecided voter from all would the big question of the night tonight is was there a clear winner? >> no, i thought it was a draw, i was pleased it was more civil than i thought it would be so for me the domestic policy is big and foreign policy is going to decide it. i'm waiting for foreign policy. >> let's move on to an obama supporter in when i spoke with you midway through the debate you said to me, i think romney is doing a little
on middle income families, i will lower taxes on middle income families. i saw a study that came out today that said if you were going to raise taxes. >> the voters are having watch parties across the country many in the chicago area debate number one is always a big deal. voters are checking things out tonight. >> there are probably thousands of these viewing parties across the country, some of them here in chicago, one of them in swarthmore and it was hosted by patch and you have...
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Oct 7, 2012
10/12
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CSPAN2
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before you ask directly if i told you that mitt romney hasn't paid taxes for x number of years, would it make you more or less likely to vote for him? some% of people either move when they hear that a mesh or they tell you they wouldn't. people telling you that they would move is a pretty sort of conjectural thing. i wouldn't cognitive growth anyone who told you what they would do under hypothetical senate and given some information. they may or may not already know. that's part of the problem with those polls is that asked people if new piece of -- you may or may not already know. and so, or in focus groups you bring somebody in an jafa doesn't people and show them and add and ask them again, did anyone change their mind. and you're pumping somebody to change their mind. and they're being forced to watch an ad that they might otherwise tonight. so using these experiments programs of the obama campaign has, introduce them into the real world. they randomly assigned mail randomly to pay part of the electorate or the assigned tv ads to the mark. been because they're pulling across those
before you ask directly if i told you that mitt romney hasn't paid taxes for x number of years, would it make you more or less likely to vote for him? some% of people either move when they hear that a mesh or they tell you they wouldn't. people telling you that they would move is a pretty sort of conjectural thing. i wouldn't cognitive growth anyone who told you what they would do under hypothetical senate and given some information. they may or may not already know. that's part of the problem...
SFGTV: San Francisco Government Television
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Oct 9, 2012
10/12
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SFGTV
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we are looking at approximately 5 to 7 companies that are applying for the payroll tax exclusion this year, twitter being a big one. [speaker not understood] lane, zoosk, and i can't remember any of the others off the top of my head. but i know that the cac members have been engaging with executives at twitter at 1 king's lane. i'm p sure they are with the process of the negotiating with the city's administrator. they have increased meetings from once a month to twice a month to accommodate, you know -- we expect a flurry of companies that are going to be applying. and the cbas have to be signed by january 31st. so, it's going to be kind of a busy time of year. but as far as i know, you know, i don't have the latest up to date information, but i don't think any other companies have officially applied for the payroll tax exclusion. i might be wrong on that, but we are looking at about 5 to 7 that will apply. that's basically all i had. do you have any questions? >> no further questions. it would be great to get the lists of the companies that you think would be applying this year. i al
we are looking at approximately 5 to 7 companies that are applying for the payroll tax exclusion this year, twitter being a big one. [speaker not understood] lane, zoosk, and i can't remember any of the others off the top of my head. but i know that the cac members have been engaging with executives at twitter at 1 king's lane. i'm p sure they are with the process of the negotiating with the city's administrator. they have increased meetings from once a month to twice a month to accommodate,...
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Oct 4, 2012
10/12
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i call it the economy tax. it has been crushing. >> the cand dates will meet again on october caneth for debate number two. and up first, the only vice-president debate between the respect and paul ryan. >> that's the one we all want to see. thank you so much. >> the president and mitt romney not veering from their messages and taking every chance they could to hit one another on the policies. >> i know that you and your running mate is saying that and it is popular thing to say but it is not the case. i got five boys and i am used to people saying something that is not always true but keeping on repeating it and hoping i will believe it. that's not the case. i will not reduce taxes paid by high income americans. >> the fact is, if you low are the rates the way you describe, governor, it is not possible to come up with enough deductions and loop holes that only affect high income individuals to avoid raising the deficit or burdening the middle class. it is math. it is arithmetic. >> don't forget you put 90 bill
i call it the economy tax. it has been crushing. >> the cand dates will meet again on october caneth for debate number two. and up first, the only vice-president debate between the respect and paul ryan. >> that's the one we all want to see. thank you so much. >> the president and mitt romney not veering from their messages and taking every chance they could to hit one another on the policies. >> i know that you and your running mate is saying that and it is popular...
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Oct 5, 2012
10/12
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KTVU
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naturally, hotels & taxes are not included in the contest. still to come, traders discuss how the election will affect your investments. that's later in traders unplugged. but first, the surpising truth behind what america's workforce really wants. bill moller has that next. o' rom their employer this'll startle you. a good boss, good pay and benefits? nope. none of that. the country's largest employee survey company, workplace dynamics, spent 5 years doing millions of interviews and exhaustive research on this very question. doug claffey is ceo of workplace dynamics. for a business to succeed and survive and for employees to be happy and enriched, what does the workplace need? > > it's got to be organizationally healthy. > > define that. it sounds like it's just a place where employees are inspired and motivated. > > it's really about a place where employees feel connected to the business. where they're executing well, which is about communication, about getting things done. but it's also about heading all in the same direction with great va
naturally, hotels & taxes are not included in the contest. still to come, traders discuss how the election will affect your investments. that's later in traders unplugged. but first, the surpising truth behind what america's workforce really wants. bill moller has that next. o' rom their employer this'll startle you. a good boss, good pay and benefits? nope. none of that. the country's largest employee survey company, workplace dynamics, spent 5 years doing millions of interviews and...
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Oct 5, 2012
10/12
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vo: why won't romney level with us about his tax plan, which gives the wealth y huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> san francisco is considering allowing apartments around the same size as the when you see here, 150 square feet. cities like new yorker allowing the michael apartments that are of a parkinge space. >> imagine that tiny package a stand-alone house? greta kreuz introduces us to one 150 square foot home. >> you are in the great room. this is the living room. >> welcome to her tiny house. the main floor with the seating area, kitchen and bathroom. upstairs in the loft, an air mattress. thes a rebellion against mcmansions. >> not every kid needs his own play room. it is going back where you had with people. she built it for her master's .hesis is part of the online public university system. great to be able to see has done and how applied her degree program. >> the tiny, movement has grown and it is green. it
vo: why won't romney level with us about his tax plan, which gives the wealth y huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> san francisco is considering allowing apartments around the same size as the when you see here, 150 square feet. cities like new yorker allowing the michael apartments that are of a parkinge space. >>...
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walsh says duckworth is a tax- and-spend liberal. the eighth district was recently redrawn to favor the democrats. time is running out to register for next month's election. to handle a last-minute rush of registrations. the chicago board of elections at 69 west washington is open today until midnight. your form must be filled out and signed in ink and can't be submitted by email or fax. and if you mail in your registration. it must be postmarked by today. you can still register after today but you'll have to go to the office in person and cast your ballot during the same visit. a daredevil will have to wait a few more hours before making attempting to break the speed of sound. due to wind conditions felix baumgartner's plan to jump from a balloon at 120 thousand feet above new mexico has been delayed. the red bull athlete will attempt to become the first free-falling human to break the sound barrier. after jumping, he's expected to become supersonic within 35 seconds and ultimately reach about 700 miles per hour. the descent back to
walsh says duckworth is a tax- and-spend liberal. the eighth district was recently redrawn to favor the democrats. time is running out to register for next month's election. to handle a last-minute rush of registrations. the chicago board of elections at 69 west washington is open today until midnight. your form must be filled out and signed in ink and can't be submitted by email or fax. and if you mail in your registration. it must be postmarked by today. you can still register after today but...
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. >> my tax plan has already lowered tax for 90 percent of families. >>it's back to the campaign trail today for the presidential candidates following their first debate. the democratic ticket may have some momentum to make up. early analysis shows governor mitt romney walked away from the first showdown with the upper hand. sandra endo is in denver, co this morning with a recap of the action and early analysis. >> hot-button domestic issues took center stage at the first presidential debate. including obamacare. >>if you repeal it seniors will pay 600 dollars more. >> start mandating to the providers across america. >> my number one principle will be no tax cut that adds to the deficit. >> is the reason he is keeping all of these plans to replace a secret because they're too good ? >> i am concerned that the path we're on has been unsuccessful. >> i definitely have an idea. >> the next presidential debate is on october 16th. the vice presidential candidates face off next week and kentucky. >> the president did it appear to be disengaged. he has been p
. >> my tax plan has already lowered tax for 90 percent of families. >>it's back to the campaign trail today for the presidential candidates following their first debate. the democratic ticket may have some momentum to make up. early analysis shows governor mitt romney walked away from the first showdown with the upper hand. sandra endo is in denver, co this morning with a recap of the action and early analysis. >> hot-button domestic issues took center stage at the first...
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Oct 1, 2012
10/12
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if i told you that mitt romney had not paid taxes for x number of years would make you less likely to vote for him and some percentage of people either move when they hear of the new information or the tell you they wouldn't move. people telling you that they wouldn't move is a pretty sort of conjecture will thing. i wouldn't trust anybody that told you what they would do under a hypothetical scenario learned some information. they may or may not already know. and that is part of the problem of the polls they ask people if you know a piece of information you may or may not already know. and so in our focus groups, you bring somebody in the and show them and add and ask them again and change their mind. now you are prompting somebody to change their mind and they are being forced to watch an ad they might otherwise to now. user lady programs of dubow campaign have introduced them into the real world survey randomly assigned mail to assign to the electorate or they randomly assigned a certain markets. and then because of the polling across the markets, they can see who moves based on wh
if i told you that mitt romney had not paid taxes for x number of years would make you less likely to vote for him and some percentage of people either move when they hear of the new information or the tell you they wouldn't move. people telling you that they wouldn't move is a pretty sort of conjecture will thing. i wouldn't trust anybody that told you what they would do under a hypothetical scenario learned some information. they may or may not already know. and that is part of the problem of...
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Oct 1, 2012
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the concept of automatically register in every one just as everyone we have to serve on a jury or pay taxes, very comfortable with that. one reason i'm incredibly comfortable with that is that in the 2018 election by think it was, 70 million people didn't vote and 80% of those people were unregistered seÓul registration is one of the biggest barriers to voting. also when we talk about things like purging people from voting rooms and about the provision about what's not being counted and people not being on the rule, a lot of that is directly related to the registration problem. so very comfortable with a voter registration. in terms of the mandatory voting its its local question and i think other countries do have mandatory voting just like the jury service or some people have to serve in the military in the compulsory service. one problem with it is i think we have a culture of liberty here in this country. so if we have mandatory voting i certainly think we would want to have a none of the above option so that people could exercise it. politically though we don't know if it is realistic.
the concept of automatically register in every one just as everyone we have to serve on a jury or pay taxes, very comfortable with that. one reason i'm incredibly comfortable with that is that in the 2018 election by think it was, 70 million people didn't vote and 80% of those people were unregistered seÓul registration is one of the biggest barriers to voting. also when we talk about things like purging people from voting rooms and about the provision about what's not being counted and people...
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Oct 5, 2012
10/12
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FOXNEWSW
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i am a tax cheat, i don't pay my taxes. if i'm walking down the street and someone has a gun to my head should a scoop protect me? >>lis: of course. yes. you got me both ways because is different. a firefighter for your home should come there and protect you and your children your family whether you pay the fee. the point is it is a fee, not a tax. just to make sure that your community is safe. that's all it is. $150? really? really? really? >> i'm pretty sure whatever reviewing court looks at it will find that the label does not rule the day. it is the effect, which is a levee, a charge, a charge on the taxpayers of california and they will pay it with a two-thirds majority vote. there has to a constitutionality and procedural constitutionality. >> if we allow this to lap in every town, can't they levee the fees all over the place if everything? >>lis: you go, taking it out of the public safety or public service which is where it belongs, you go to the public library, you get a book out, you are late on the book, you get a
i am a tax cheat, i don't pay my taxes. if i'm walking down the street and someone has a gun to my head should a scoop protect me? >>lis: of course. yes. you got me both ways because is different. a firefighter for your home should come there and protect you and your children your family whether you pay the fee. the point is it is a fee, not a tax. just to make sure that your community is safe. that's all it is. $150? really? really? really? >> i'm pretty sure whatever reviewing...
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Oct 8, 2012
10/12
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WBAL
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and president obama. >> he will ultimately have to raise taxes on middle income taxes by $4,000 a year. >> reporter: since last week's debate, which romney is widely regarded as having won, both sides argued the other was dishonest. >> he was a little taken aback at the brazenness with which governor romney walked away from so many of the positions on which he's run. >> reporter: their truth war now on tv. >> not telling the truth about mitt romney's tax plan. >> this was dishonest. >> i'm not in favor of a $5 trillion tax cut. >> the governor knows his $5 trillion tax cut isn't too popular, so a few weeks before the election, he's trying to pretend it doesn't exist. >> reporter: president obama at a star-studded fundraising concert, heads to san francisco today with romney's poll numbers improving. >> they're looking very good. >> reporter: after the debate, romney is within two points of the president. and tomorrow, both candidates head to ohio, battleground ohio, where early voting is already under way. tomorrow is the last day to register to vote there. veronica? >> thank you. mitt
and president obama. >> he will ultimately have to raise taxes on middle income taxes by $4,000 a year. >> reporter: since last week's debate, which romney is widely regarded as having won, both sides argued the other was dishonest. >> he was a little taken aback at the brazenness with which governor romney walked away from so many of the positions on which he's run. >> reporter: their truth war now on tv. >> not telling the truth about mitt romney's tax plan....
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Oct 4, 2012
10/12
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WUSA
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>> mitt romney does have tax cuts in his plan. the issue is it really a $5 trillion tax cut because what he says it will make more revenue because it creates more jobs. those people then start paying taxes. so it doesn't actually cut revenues to the government. but there are cuts in the tax rate that individuals pay. i'm not sure how to count whether that is or is not a tax cut. >> reporter: bottom line, $5 trillion not $5 trillion or there is no bottom line? >> the romney-ryan plan has never specified exactly what the loopholes they will close or how the math adds up, but they say it is not a $5 trillion tax cut because it has these other residual benefits. >> well, that cleared that up, didn't it? both candidates are working hard, though, to win the support of young voters. >> last night students at the university of maryland in college park watched the debate and then offered their opinions of the candidates in a high- tech way. matt jablow has more. >> reporter: for professor philip resnick, the first general election debate o
>> mitt romney does have tax cuts in his plan. the issue is it really a $5 trillion tax cut because what he says it will make more revenue because it creates more jobs. those people then start paying taxes. so it doesn't actually cut revenues to the government. but there are cuts in the tax rate that individuals pay. i'm not sure how to count whether that is or is not a tax cut. >> reporter: bottom line, $5 trillion not $5 trillion or there is no bottom line? >> the...
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Oct 4, 2012
10/12
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WBAL
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he would repeal the alternative minimum tax and repeal the estate tax. they said mitt romney's tax plan would cost $4.8 trillion over ten years. he said his plan would be paid for but to pay for those he would have to close loopholes and get rid of some tax deductions, he said, and tax credits, but he's repeatedly refused to say which deductions he would get rid of saying he would work with congress to make those decisions. also president obama said his plan would cut the deficit by $4 trillion. >> we all know that we've got to do more so i put forward a specific $4 trillion deficit reduction plan. it's on a website. you can look at all the numbers, what cuts we make and what revenue we raise. >> reporter: that estimate comes from the left leaning center on budget and policy priorities. 3.8 trillion to be exact over ten years. the president is counting money saved by letting the bush tax cuts expire for people making more than $250,000 a year, but he's also counting $1 trillion in savings over ten years by drawing down the wars in iraq and afghanistan. t
he would repeal the alternative minimum tax and repeal the estate tax. they said mitt romney's tax plan would cost $4.8 trillion over ten years. he said his plan would be paid for but to pay for those he would have to close loopholes and get rid of some tax deductions, he said, and tax credits, but he's repeatedly refused to say which deductions he would get rid of saying he would work with congress to make those decisions. also president obama said his plan would cut the deficit by $4...
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tax policy but not by to buy another issues. i was not present the day they shutdown the event but many were shouting there is no debate. no-space 48. that hit home. >> he was shouted down. john: somewhere outside the building and throwing rocks through the window? >> university reacted and condemned the action. unc denounce. but some people did not want to have the debate. some think my views are so illegitimate i should not say them. john: you go to campuses around the country. most illiberal others are silenced? >> that is fair. the culture is monolithic they don't seem interested to change that. they pass policies to make it more difficult for students to have minority viewpoints to speak out. john: and professors at lean left, 51% registered democrats. but only 14% are republican. social science is only 6%. >> 70 2% self identify as liberal. which is a big disparity between them and the general public. john: you were a junior when obama was elected? >> it was light a little of the colt it happened across the nation. john: n
tax policy but not by to buy another issues. i was not present the day they shutdown the event but many were shouting there is no debate. no-space 48. that hit home. >> he was shouted down. john: somewhere outside the building and throwing rocks through the window? >> university reacted and condemned the action. unc denounce. but some people did not want to have the debate. some think my views are so illegitimate i should not say them. john: you go to campuses around the country....
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Oct 5, 2012
10/12
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WJLA
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$2,000, while giving a tax break of $250,000 to multimillionaires. don't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertisining. >>> now, for most people, a backyard animal encounter means a run-in with a squirrel. but a small animal obsessed slice of the population has excited exotic beasts like tigers and lions to roam the domestic territory typically reserved for cats and dogs. and when they get out of hand, there's one team that swoops in. here's abc's t.j. winick. >> reporter: they aren't zoo keepers. they're pet owners. >> she never attacked me. >> because i'm her friend. i think it's -- >> reporter: blinded by love and devotion to their furry friends. >> ah! >> reporter: meet alison eastwood and donald schultz. two animal interventionists who try to tame out of control exotic animal lovers. >> instead of going in and pointing fingers, saying, what you're doing is wrong, we hold up a mir ron and let them see what their doing and that is often a
$2,000, while giving a tax break of $250,000 to multimillionaires. don't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertisining. >>> now, for most people, a backyard animal encounter means a run-in with a squirrel. but a small animal obsessed slice of the population has excited exotic beasts like tigers and lions to roam the domestic territory typically reserved for cats and dogs. and...
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romney initially said his disparaging remarks about the 47 percent of americans who don't pay taxes, was "not elegantly stated." but asked in an interview last night, how he would have responded if the "47 percent" comment came up during the debate with president obama. romney replied that his comment was "just completely wrong." president obama never brought up the issue during the debate. >>former vice president al gore has an explanation for the president's lackluster debate performance. he says it was the altitude. gore made the comment on his 'current t-v' channel during a panel discussion. gore said president obama had arrived in denver the day of the debate and only had hours to adjust to the altitude. mitt romney had been in denver since monday... hence giving his body time to acclamate to the difference in oxygen intake at that high altitude. the city stands a mile above sea level. >>a little girl has been reunited with her puppy, after thieves stole the dog from her home. this is the scene outside marissa. home in san jose, california. earlier this week, thieves stole thous
romney initially said his disparaging remarks about the 47 percent of americans who don't pay taxes, was "not elegantly stated." but asked in an interview last night, how he would have responded if the "47 percent" comment came up during the debate with president obama. romney replied that his comment was "just completely wrong." president obama never brought up the issue during the debate. >>former vice president al gore has an explanation for the...
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Oct 2, 2012
10/12
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WMAR
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ten, 90% of households will see a tax hike averaging $3,500. economists are warning if congress drives off what is so-called the fiscal cliff, there will be automatic tax increases and deep spending cuts on january 1st. >>> the federal mortgage task force is filing its first action against a major bank. the civil lawsuit against jpmorgan chase alleges massive fraud involving mortgage-backed securities. rather than a specific deal, the complaint focuses on improper practices through bear stearns, which jpmorgan chase acquired after it went bust. >>> american express is agreeing to refund $85 million to credit card customers. federal agencies say the company charged improper late fees and deceived credit card customers about old debts and new services. >>> there is a major recall from honda this morning. it affects 600,000 accords with v6 engines from 2003 to 2007. the power steering might come loose and leak fluid causing a fire. only one fire has been reported thus far. honda will replace the hoses for free but won't have replacement parts avai
ten, 90% of households will see a tax hike averaging $3,500. economists are warning if congress drives off what is so-called the fiscal cliff, there will be automatic tax increases and deep spending cuts on january 1st. >>> the federal mortgage task force is filing its first action against a major bank. the civil lawsuit against jpmorgan chase alleges massive fraud involving mortgage-backed securities. rather than a specific deal, the complaint focuses on improper practices through...
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if that i want to tax something, subsidize what you want and tax what you don't, maybe they should tax really dumb politicians. >> up next, polls turning in governor romney's favor, strongly, some mainstream media are having a fit, many are turning on the president. we will take that up with the a-team, which is next. liz macdonald. and other file there coming down christopher hahn, next. lou: joining us now the a-team, good to have you here. let's start with you, this market sole off today, it looks very weak, talking with lewis lehrman earlier, i did not hear a lilt in his face talking about future prospects. >> looks like a little cash taken off the table there, running to the sidelines a bit, wire in a recovery of downward gdp revision, any time you see market act skittish, you might say, am i too much invested in the market, should i pullback. lou: looking at this economy, jobless numbers last week, terrific for president obama. 7.8%. yet his numbers are plumb et ceteraing plummeting. >> me had a weak, weak, weak debate last week, and these numbers are catching up to him. the pres
if that i want to tax something, subsidize what you want and tax what you don't, maybe they should tax really dumb politicians. >> up next, polls turning in governor romney's favor, strongly, some mainstream media are having a fit, many are turning on the president. we will take that up with the a-team, which is next. liz macdonald. and other file there coming down christopher hahn, next. lou: joining us now the a-team, good to have you here. let's start with you, this market sole off...
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Oct 8, 2012
10/12
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because they're partnerships, the tax break is they don't pay any corporate taxes. so they pass on more of the distribution to the investors. so, the range of yield is anywhere from the mid- 4s to some as high as high 6s. so we run a couple portfolios that have five average 6% yields in master limited partnerships. so, it's a little more gamey. they trade essentially like bbb corporate bonds. but they pay a little bit more than bbb corporate bonds. so it's not for everybody, and it's not for your whole income portfolio. but- > > it's a little bit of a risk. > > yeah. there is more risk. it's in the safer area of your portfolio, but it offers more yield and a little bit more risk than traditional bonds. but for the right person it can be a nice way to enhance your yield. > > do these mlps track what's going on with oil or natural gas? > > not as much. when you think about how they function, essentially, if you own the pipeline, and companies run oil and gas through your pipeline, they're paying tolls. so you're like the tollbooth operator, and you charge them a certa
because they're partnerships, the tax break is they don't pay any corporate taxes. so they pass on more of the distribution to the investors. so, the range of yield is anywhere from the mid- 4s to some as high as high 6s. so we run a couple portfolios that have five average 6% yields in master limited partnerships. so, it's a little more gamey. they trade essentially like bbb corporate bonds. but they pay a little bit more than bbb corporate bonds. so it's not for everybody, and it's not for...
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Oct 8, 2012
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poll tax, literacy test, bizarre registration hours. we passed the civil rights law to prevent that. the second city right not to have your vote canceled up by someone who is an illegal alien, and died, voting twice, or someone who does not even exist. that to file its your sole rights. we can do both. now, an obstacle to this is to reference the previous speaker on fast and furious, the eric holder justice department. they claim there is no voter fraud america. the clinical want to poll taxes. eric holder himself said that. they are suing any state that they can sing their voter i.d. lot is unconstitutional even and has been up held by the supreme court. so where are we with the lyrical the justice department? a complete stall. well, this is no accident. the president of the united states got his start with these issues. his first major political challenge chicago for barack obama was with a group called project vote, a voter registration effort that registered 135,000 people and illinois in '91 and '92. project vote was allied with an
poll tax, literacy test, bizarre registration hours. we passed the civil rights law to prevent that. the second city right not to have your vote canceled up by someone who is an illegal alien, and died, voting twice, or someone who does not even exist. that to file its your sole rights. we can do both. now, an obstacle to this is to reference the previous speaker on fast and furious, the eric holder justice department. they claim there is no voter fraud america. the clinical want to poll taxes....
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the real romney has been running around the country for the last year promising 5 trillion dollars in tax cuts to pay for the wealthy and last night he said he didn't know anything about that. he flew to his next campaign stop in madison wisconsin. stiller had held captive for months 10 years later elizabeth smart is promoting a new cause sharing a personal message here also a local scientists has so, we all set? i've got two tickets to paradise! pack your bags, we'll leave tonight. uhh, it's next month actually... eddie continues singing: two tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get happy. get geico. fifteen minutes could save you fifteen percent or more. open >> elisabeth smart has been thrust into the limelight since she survived a kidnapping from her salt lake city home nearly ted years ago smart made her first trip to the chicago area now using her unintended fame to become a child prot
the real romney has been running around the country for the last year promising 5 trillion dollars in tax cuts to pay for the wealthy and last night he said he didn't know anything about that. he flew to his next campaign stop in madison wisconsin. stiller had held captive for months 10 years later elizabeth smart is promoting a new cause sharing a personal message here also a local scientists has so, we all set? i've got two tickets to paradise! pack your bags, we'll leave tonight. uhh, it's...
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Oct 4, 2012
10/12
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bush tax cuts-- that's another trillion dollars and 2 trillion dollars in military spending that the military hasn;t asked for. that's 8 trillion dollars. how we pay for that, reduce the deficit, make the investments we need to make without dumping those costs on the middle class americans is one of the central questions of this campaign. president barack obama and former governor mitt romney adapted to the new format of debate, six segments of 15 minutes each. the next presidential debate is october 16th. mr. romney is expected to hit the airwaves today with a barage of tv ads. according to the new york times, the romney camp has been quietly increasing its ad spend, and could shell out up to $13 million in commericials in swing states. meanwhile, president obama is outpacing mr. romney with tv ads. the times reports it's especially noticeable in flordia, where pro-obama ads outnumber pro-romney ads by nearly 50%. the obama camp is also strategically spending large amounts of money on campaign ads runing during shows heavily watched by women and young people. a federal court has dec
bush tax cuts-- that's another trillion dollars and 2 trillion dollars in military spending that the military hasn;t asked for. that's 8 trillion dollars. how we pay for that, reduce the deficit, make the investments we need to make without dumping those costs on the middle class americans is one of the central questions of this campaign. president barack obama and former governor mitt romney adapted to the new format of debate, six segments of 15 minutes each. the next presidential debate is...
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Oct 4, 2012
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we cut taxes for middle class families by about $3600. the rope is because i believe that we do best when the middle class is doing well. and by giving them those tax cuts, they had a little more money in their pocket. so maybe they can buy a new car. they are certainly in a better position to weather the extraordinary recession we went through. they can buy a compute fore their kid going off to college. >> the interest and the principal -- >> there are two more presidential debates and one vice presidential debate still coming up. >> who do you think won the debate? was there a clear winner? that is the question we are talking about this morning. we want to hear your thoughts an invite you to post them on our facebook page. we will share your comments throughout the morning. >>> other stories making headlines, a voter watchdog group says it has uncovered voter fraud in maryland. the group election integrity maryland claims it found evidence that some people registered to vote using the names of dead people or registered to vote twice in
we cut taxes for middle class families by about $3600. the rope is because i believe that we do best when the middle class is doing well. and by giving them those tax cuts, they had a little more money in their pocket. so maybe they can buy a new car. they are certainly in a better position to weather the extraordinary recession we went through. they can buy a compute fore their kid going off to college. >> the interest and the principal -- >> there are two more presidential debates...
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Oct 5, 2012
10/12
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he said he wants to lower tax rates? how is that not lowering tabs for the rich. >> then you can't also then say he's going to on the loophole piece, you can't say he's not going to do the loopholes. i know you want to know the details. >> but i'm just saying, it might be cute about the son, burr the substance just isn't there. >> you're not willing to give him any credit. >> oh, yeah. >> the guy came very well prepared. he had specifics. >> he did? >> he looked obama in the eye. he was someone who was presidential and came ready to play. >> i'll tell you something, i am the only person as my pal dana has said, who thinks obama did well. so i know -- >> obama needs to step up his game. don't apologize for him. he's the president of the united states. he deserves to do better than that. >> i don't really believe he -- you really believe obama did well is this. >> yeah, i do. >> let's move on. >> moving on. you probably wondering what's eric bolling's favorite moment was? that is coming up in the next block. we'll have mor
he said he wants to lower tax rates? how is that not lowering tabs for the rich. >> then you can't also then say he's going to on the loophole piece, you can't say he's not going to do the loopholes. i know you want to know the details. >> but i'm just saying, it might be cute about the son, burr the substance just isn't there. >> you're not willing to give him any credit. >> oh, yeah. >> the guy came very well prepared. he had specifics. >> he did? >>...
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Oct 6, 2012
10/12
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and he opposes any new taxes. so on health care, he's kind of pulling up the ladder after him and his state. he's saying that he opposes universal health care at the federal level but he will not give states money they need to get it done at the state level. so under his plan there's no way to get universal health care done at all. but he doesn't really want you to know that. joining me now is jonathan gruber one of the folks who helped mitt romney design his health care law in massachusetts. it's great to see you. >> good to be here, ezra. >> you know these numbers for this plan, anything you want to fact check, correct or complicate here. >> no, you described it very well. i think what candidate romney is not owning up to is the fact that the federal government made our plan possible. they gave us the seed money, if you will, more than seed, more than half the money we needed to make it possible and the rest came from a tax that was already imposed on the state that mitt romney essentially rededicated to his eff
and he opposes any new taxes. so on health care, he's kind of pulling up the ladder after him and his state. he's saying that he opposes universal health care at the federal level but he will not give states money they need to get it done at the state level. so under his plan there's no way to get universal health care done at all. but he doesn't really want you to know that. joining me now is jonathan gruber one of the folks who helped mitt romney design his health care law in massachusetts....
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WBAL
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biden charged team romney would hike middle class tax. >> how they can justify raising taxes on the middle class that's been buried the last four years. >> reporter: the republicans jumped on that. buried by obama? >> vice president biden said just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> reporter: that's the kind of zinger sure to be heard at debate number one. i'm steve handelsman, nbc news, denver, colorado. >>> of course tonight nbc is going to have complete coverage of this first presidential debate. it will be anchored by brian williams along with the best political team in the business. it all starts at 9:00 p.m. eastern, 6:00 p.m. pacific. >>> elsewhere, a judge in pennsylvania has blocked the state's stricter voter i.d. law from taking effect this november. after weeks of protests, the ruling means voters in pennsylvania will not have to show a state approved i.d. to cast ballots on election day. the judge said he was con
biden charged team romney would hike middle class tax. >> how they can justify raising taxes on the middle class that's been buried the last four years. >> reporter: the republicans jumped on that. buried by obama? >> vice president biden said just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> reporter: that's the kind of...
WHUT (Howard University Television)
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Oct 4, 2012
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WHUT
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addressing romney's tax plan, obama said romney's effort to cut taxes for the wealthy would be to the gutting of essential government programs. box for 18 months he has been running on this tax plan. five weeks before the election, now he is saying his big, bold idea is, "never mind." the fact is, if you are lowering the rates the way you described, governor, then it is not possible to come up with enough deductions and loopholes that only affect high-income individuals to avoid either raising the deficit or burdening the middle class. it is math. >> mitt romney challenged obama's assertion that his tax plan would cost the country $five trillion in revenue, the knowledge to cut spending on government programs will drastically increasing funding for the military. in a jab that quickly exploded on twitter car romney told moderator jim lehrer he would cut funds to employer pbs, despite his love for certain sesame street character. >> i am sorry, jim, i'm going to stop the subsidy to pbs. i love big bird. i like you, too, but i am not one keep spending money on things to borrow money from
addressing romney's tax plan, obama said romney's effort to cut taxes for the wealthy would be to the gutting of essential government programs. box for 18 months he has been running on this tax plan. five weeks before the election, now he is saying his big, bold idea is, "never mind." the fact is, if you are lowering the rates the way you described, governor, then it is not possible to come up with enough deductions and loopholes that only affect high-income individuals to avoid...
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10/12
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yes, we do. >> reporter: biden says the superwealthy need to pay more in taxes. romney says that would kill jobs. susan mcginnis, cbs news, washington. >> jobs will be the focus of both candidates today when the labor department released the september jobs report later this morning. >>> 91 people in seven cities
yes, we do. >> reporter: biden says the superwealthy need to pay more in taxes. romney says that would kill jobs. susan mcginnis, cbs news, washington. >> jobs will be the focus of both candidates today when the labor department released the september jobs report later this morning. >>> 91 people in seven cities